Why use Swyftx?

Best Prices

Our market rates are never inflated. Couple that with low fees and real spreads and you’ve got yourself the best prices in all of Australia.

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Fast Access

Register and Verify your account online in a matter of minutes with instant approvals in most cases you’ll be set to start trading in no time.

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Great Security

Our platform undergoes and has passed external penetration testing to ensure the security and safe operation of your account.

What is Digital Currency?

Blockchain is the technology that underpins all of the most popular digital currencies like Bitcoin, Ethereum and Litecoin. As the name implies, a block chain is simply a list of records (the block) linked together (the chain) and secured using Cryptography. The idea is that the historical data stored on the block chain can be shared publicly between all its users but can not be modified. New blocks, or transaction records, are linked and (confirmed) to the chain via a process called mining which allows all the users on the peer-to-peer network to validate the transactions. When you buy digital currencies on Swyftx you will be allocated a quantity within our platform. If you decide to withdraw those coins to a private wallet or another exchange, Swyftx will push a new transaction to the block chain which will then be validated by other users (miners). Once validated, the transaction is confirmed and you will see your balance at the new address. That transaction is made publicly available as part of the block chain and will be forever visible as part of the chain.

How do I buy Digital Currency?

Once logged into the platform, enter an amount of Digital Currency you want to buy, or the amount of Australian dollars you want to spend. If you’re happy with the price, tap the ‘Buy’ button to complete the purchase.

You will be able to deposit AUD via Bpay to purchase Digital Currency, while we work with local banks to implement PayID. Once the payment is processed, your account balance can be used to purchase any crypto assets which will be available in your Swyftx online wallet immediately.

You can deposit or withdraw your Digital Currency or any other assets from your private online Swyftx wallet at any time. Sign up for your own trading profile by creating a free account now.

How do we determine the price of Digital Currency?

The price of Digital Currency listed on the Swyftx trading platform is set by real world trade volumes averaged on global exchanges, so our price won’t fluctuate as heavily as you might see on our competitors sites. Prices are influenced by the supply and demand from buyers and sellers through out the world.

The current price of Digital Currency is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on Digital Currency nor does it “make the market”. This means you can trade as little or as much Digital Currency as you like and know that you’ll always get the best prices with the lowest fees.

Digital Currency In Minutes

Buy Digital Currency on Swyftx and we immediately make the coins available in your wallet. It’s super easy and super fast!

February 22, 2019Bitcoin Symbol Now Available on Google Keyboard on Apple Devices Bitcoin AustraliaGoogle has apparently decided to add the Bitcoin symbol to the list of currencies available on its keyboard for Apple devices. ...